Luceco Share Discussion Threads

[brucie5] 30/6/2022 15:12

Some quick metrics from Stocko, where it passes a Philip Fisher Growth Screen:
12m Forecast Rolling
PE Ratio (f)
6.2
PEG Ratio (f)
1.5
EPS Growth (f)
4.4%
Dividend Yield (f)
6.46%

[cyberbub] 30/6/2022 14:53

Just looking in here after a mention on another thread. Before I DMOR what's the investment case here in a nutshell? Thx

[purplepelmets] 29/6/2022 09:09

reminds me of the worst pop lyrics ever spun "I know that I must do what's right
As sure as Kilimanjaro rises like Olympus above the Serengeti"

[glavey] 29/6/2022 08:48

Interesting long term chart. Reminds me of Egypt.

[riviera1069] 28/6/2022 18:13

Strange swings on this one

[ymaheru] 27/6/2022 09:10

I think it’s cos China and Hong Kong are up. LUCE have almost all their manufacturing out there, so often seem to be boosted/ hit by movements in the Hang Seng.

[johnrxx99] 27/6/2022 08:54

Looking more sunny though - any news or just trading?

[riverman77] 23/6/2022 11:53

Very predictable! Took the opportunity to trim some after yesterday's spike - will add back if it continues to fall back.

[simmsc] 23/6/2022 10:58

They are walking this one straight back down again. Went up on small volume too

[our haven] 22/6/2022 13:47

Back to where we were 10 days ago now riverman77! :)I too cannot see a reason for it.Perhaps we will see a buyer today after the close but most likely just more volatility, just in our favour today.

[riverman77] 22/6/2022 12:56

Volatile markets and fairly illiquid stock, wouldn't read too much into it personally.

[ymaheru] 22/6/2022 12:52

Wish I understood what moves it ever tho.

[riverman77] 22/6/2022 12:25

Wouldn't get too excited, only back to where it was 5 days ago!

[ymaheru] 22/6/2022 11:55

What the hell just happened to Luceco today??

[davidro77] 13/6/2022 19:52

Sub a quid looks nailed on here, what was the covid low, 50p? I wonder how close it will get in this meltdown

[dangersimpson2] 27/5/2022 14:04

I'm not sure I have any specific insight into this for Luceco. I think they have the ability to pass on inflation cost increases, as they successfully did for 2021. This will probably reduce demand somewhat, which combined with the customer over-ordering in 2021 has led to some short term weakness in demand. They sell relatively cheap items though so there may be some shift down the value range and more people attempting DIY rather than paying someone. This clearly won't be a boom-time environment, but I'm not sure why this would proportionally affect Luceco more than their customers such as B&Q or Wickes which is what the market seems to be pricing.

[loglorry1] 27/5/2022 12:39

Wasn't at Mello but how was the question on consumer spending slowdown after rate rises and cost of living increases addressed please?

[dangersimpson2] 27/5/2022 11:16

I think it was a "hold" from the BASH panel and an "avoid" from the audience, so not that compelling!!

[riverman77] 26/5/2022 13:33

Thanks fingers crossed with this one, but think it should do well on 2 to 3 year view. One to tuck away.

[our haven] 26/5/2022 12:36

Riverman77. Congratulations on the adding additional shares to your portfolio.I will stay calm, do not worry :)

[riverman77] 26/5/2022 12:23

It's merely back to where it was a few days ago, having fallen 10% for no reason, so wouldn't get too excited about today's rise. I did use yesterday's dip to add some so not complaining.

[our haven] 26/5/2022 12:07

Very pleased, but I am not sure why the price is up over 10 percent.Broker recommendation?